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Prices High, Inventory Low & UW Downtown

King County’s housing market hit two milestones in December: The median single-family home price set a new high, $508,000, topping the $481,000 peak reached in July 2007 before prices began their long slide. And the number of active listings of houses and condominiums — just 2,196 — hit the lowest monthly level since at least…




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MLS Market Update: January 2016

Puget Sound area home sales, prices still strong Home prices have “clearly recovered” in King County and a few other areas served by Northwest Multiple Listing Service. Many member-brokers say prices are likely to keep rising as a backlog of buyers competes for depleted inventory. Those were among reactions from brokers upon reviewing the December…




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Top Place To Sell, Sorry Solo Buyer & Pink Is Back

King County is experiencing the worst shortage of homes for sale in more than a decade, driving prices higher and keeping more would-be buyers in apartments. Housing production can’t keep up with the massive influx of residents from out of state, said Todd Britsch, Northwest regional director for Metrostudy, a research firm that tracks home…




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MLS Market Update: December 2015

“Intense” Holiday Market Inventory remains “critically low,” but there are fewer house-hunters in the hunt during this holiday season so motivated sellers and buyers are seeing success, according to brokers with Northwest Multiple Listing Service. Its just-released statistics for November show year-over-year gains in pending sales, closed sales, and prices, but a steep decline in…




Hot 2016 Market, Bad Rental Timing & Google Jumps In

Metro Seattle ranks fourth nationally as the hottest market to watch for 2016, according to the influential Emerging Trends in Real Estate survey by the Urban Land Institute. This marks a rise from No. 8 in last year’s report. Emerging Trends has proved to be a good barometer of Seattle’s real-estate prospects. “The Seattle market…




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Pricey MI, Copyright Fight & Zillow Misses The Mark On One Of Their Own

Mercer Island, state’s priciest home market – Seattle Times If you bought your home during these years, you’re really hurting – MSN When it Comes to Photos, Know Before You Publish – Realtor Mag Statewide Form 22A—Financing Contingency: The Seller’s Perspective –  Seattle Bubble FHA changes to condo policies aim to boost homeownership – Inman…




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We’re #10! No, wait… We’re #4!

Short supply pushes up region’s home prices – Seattle Times Economic opportunity lands Seattle at No. 10 best city to own a home – PSBJ Tech boom drives Seattle to become fourth richest city in U.S. – Geek Wire Struggling to find a house? Try the ‘Seahawks Strategy’ – PSBJ 4 reasons real estate agents…




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MLS Market Update: November 2015

With holidays approaching, real estate brokers usually expect a slowdown as buyers and sellers shift their attention elsewhere. “This year is different,” say some industry leaders. “Today we have one of the best markets we’ve ever seen for sellers,” observed Ken Anderson, managing broker and owner at Coldwell Banker Evergreen in Olympia. “Buyers are still…




Seattle: Skies Full Of Cranes

Seattle’s tech scene has expanded significantly in the last 10 years, but leaders there are trying to maintain economic diversity and keep the soul of the city intact. ~ NY Times




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Seattle Ranks High, Who Died Where? & Amazon With Walls?

Strong housing demand, rising home prices and healthy economic conditions pointing to future demand are some of the factors that landed Seattle at No. 1 on a list of the hottest single-family housing markets in the U.S. this fall. Seattle lands at No. 1 on list of top housing markets – PSBJ State report: More…




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More Demo, More Rules & Not Enough Insurance

At the time of this writing, Seattle’s skyline is populated with cranes. It is rare to walk down a block in the Capitol Hill or South Lake Union neighborhoods without passing a construction site. With every building that is demolished to make way for a new development, the urban fabric changes irrevocably—the old making way…




Most Expensive Neighborhoods In The Puget Sound

Home prices are on the rise throughout the Puget Sound region, but in some neighborhoods, that’s more pronounced than others. The list is a nice mix of neighborhoods in Seattle, which tend to be more dense, and the Eastside, where there are often fewer people, but the prices are higher. That’s not true across the…




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MLS Market Update: October 2105

Possible Housing Slowdown, but Activity is Solid Scarce inventory, new rules for mortgage closings and affordability concerns will likely slow home sales around Western Washington during the remaining months of 2015 and into early 2016, according to spokespersons from Northwest Multiple Listing Service. The latest statistics from the MLS show a double-digit drop in inventory,…




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The No Look Buyer, When to Buy & Go Big!

Gourmet kitchens, a spacious master bathroom, an outdoor covered patio: These are all must-haves for a great house in the Puget Sound region… Here’s what home buyers are telling builders: Go big – PSBJ The Best Day of the Year to Buy a Home – RealtyTrac Rent control resolution fails to move through Seattle City…




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Booming Population, Soaring Prices & Nutty Sellers

Seattle’s population boom approaching Gold Rush numbers – Seattle Times For Seattle-area home shoppers, August was not enough of a good thing – PSBJ Home prices soaring in Seattle – King 5 Summer slowdown skips Seattle housing – CNBC Condo prices climbing even faster than houses – Seattle Times Roosevelt’s troubled Sisley properties being torn…




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MLS Market Update: September 2015

Opinions Vary on Possible Housing Slowdown But Numbers Show Solid Activity Some brokers from Northwest Multiple Listing Service detected a slowdown in housing activity during August, “but nowhere near what is typical,” according to one industry veteran. Among MLS leaders who commented on the service’s latest report, expectations for the remainder of 2015 ranged from…




Prices Slip Slightly But No Cooling Down For Seattle

Median home sale prices actually declined from June to July in some parts of the metro Puget Sound region, but other indicators show that unlike the weather, the housing market isn’t cooling off. New numbers out Wednesday from the Northwest Multiple Listing Service (NWMLS) show the median July sales price of single-family homes had a…




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MLS Market Update: August 2015

Pent-up demand boosting Western Washington home sales and prices Pent-up demand continues to fuel home sales around Western Washington with millennials, military families and relocating workers vying for limited inventory. Brokers from Northwest Multiple Listing Service say they’re not seeing a typical summer slowdown.Commenting on a new report from Northwest Multiple Listing Services summarizing July…




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Seattle Zoning Update & Windows To Rule Them All

Seattle’s single-family zones will not be changed to allow two- and three-unit buildings. At least not before there is a “renewed public dialog.” Mayor Ed Murray issued a statement Wednesday announcing that he will not take the Housing Affordability and Livability Agenda committee recommendation and change the definition of a single-family zone. Seattle mayor: We…




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Will Loan Limits & Seattle Density Increase? Oh And The Sweet New Hawks Plane From Boeing

Jumbo mortgages for single-family residences exceed $417,000 in most parts of the country and $625,500 in high-price markets. But with home prices climbing back to prerecession peaks in some markets, baseline jumbo thresholds may be raised for the first time in a decade. Mortgage Limits May Increase – WSJ Will there be less room for…